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Daily Pivots: (S1) 0.6257; (P) 0.6295; (R1) 0.6322; More… AUD/USD is still bounded in range trading and intraday bias stays neutral. On the downside, break of 0.6186 will target 0.6087 support first. Firm break there will resume whole decline from 0.6941. However, sustained trading above 38.2% retracement of 0.6941 to 0.6087 at 0.6413 will raise […]

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26/06/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8430; (P) 0.8447; (R1) 0.8464; More… Intraday bias in EUR/GBP stays neutral first and outlook remains bearish with 0.8482 support turned resistance intact. On the downside, below 0.8429 minor support will bring retest of 0.8396 low first. Further break there will resume larger down trend to 0.8376 projection level next. In the […]
05/02/2025

AUD/USD Daily Report

Daily Pivots: (S1) 0.6197; (P) 0.6230; (R1) 0.6288; More… Intraday bias in AUD/USD stays neutral as consolidation continues above 0.6087. Further decline is expected as long as 0.6329 resistance holds. Break of 0.6087 will resume larger decline from 0.6941. However, firm break of 0.6329 will turn bias back to the upside for stronger rebound. In […]
04/10/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 146.37; (P) 146.80; (R1) 147.40; More… Intraday bias in USD/JPY stays on the upside as rebound from 139.57 short term bottom is in progress for 38.2% retracement of 161.94 to 139.57 at 148.11. Decisive break there will argue that whole fall from 161.95 has completed ahead of 139.26 fibonacci level. Further rally […]